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For life. Aah im a lion yes, you are. Come here. Lets see how this looks. Hey, hows my little horse . Shes a lion. Yes, she is. Grrr ha ha announcer you dont have to be perfect to be a perfect parent. When you adopt a child from foster care, just being there makes all the difference. Everyone welcome to the San Francisco board of supervisors Budget Finance Committee meeting are. Im that supervisor farrell and im joined by supervisor avalos and well be joined by supervisor mar. I want to thank je...

We have spent a little time talking with the questions of transfers. And i think the questions of transfers is really a fu fundamental goal of getting residents in the right place. Whether its seniors who need more intensive housing. So they need to go from Public Housing to Senior Housing with ground floor adult bay. So they can stay independent. If its a disabled person in Public Housing who needs more assistance in terms of a Supportive Housing environment. How do we get them into the right h...

And in San Francisco after the 20year cycle, the lenders and the investors are very familiar with this tool. They can underwrite with this and buy credits based on it, they couldnt do that with that section 9 financing. This is part of reason this is part of the solution. In terms why we are looking at rental assistance demonstration program. And the other part, the rental Assistance Program comes with an obligation. We will talk a little about the rehab obligations and the tenant obligations. A...

Any new Public Housing forever. And it has not funded any new modernization for forever. So really what the secretary was doing was saying, here guys, i will give you this tool, and this tool unlocks the access to loan Income Housing tax credits and debt financing. And why does it do that . We are creating these sort of rental assistance vouchers. The lenders a s ans and investo used to projectbased rental vouchers. In the 80s there was lots of projects with projectbased rental assistance vouche...

Program includes suburban jurisdictions and developers, and tenant advocates and a variety of other people that have more sway at the federal government level. So those resources are more likely to be there in the long term than the resources based upon the section 9. And that is another huge, huge difference. In terms of taking advantage of the situation and the realities of the situation. Its not necessarily fair. Its not necessarily just. But for us to be able to move forward we need to take ...

The public that came to speak out on this resolution to support amendments to our california state law around the ellis act. You have told us some very heart felt stories about what we know is going on way too often in our city. We are in the midst of an affordability crisis. We have seen a sky rocketing rate of evictions and i certainly know as tenants i think we all know that this is something we need to address now and we have to do better at it as a city and as a state. As one of the members...

Mergers are appropriate or not commissioner moore. I like to psyche those people in City Government who are entertaining the issues to look at closely with the department at the section of the code. We have a finite number of land pickup truck once this merger take place and the lots are annoyed the way the floor plan is laid out its not going to be going back to two units unless someone spends a lot of money. Then you have a house in this area that essentially a ann anonymously. And thats what ...

More intensive housing. So they need to go from Public Housing to Senior Housing with ground floor adult bay. So they can stay independent. If its a disabled person in Public Housing who needs more assistance in terms of a Supportive Housing environment. How do we get them into the right housing. Or the other way. A person who is in our Supportive Housing and who has been stabilized. Can we use sort this opportunity to find an exit for them. We dont know. We dont have the answers, but we are ask...

We keep the discussion going. And the questions and comments from the board first, and we will go to the closing comments that you can address anything, if there are know specific questions, i dont think it to be constant back and forth. Just to kind of summarize of what we had heard there is uniformty with the board in seeking a dialogue with cal train as an agency to talk about a unified project potentially with electrickfiation and dtx and primarily this project is not going to work without s...

Rental assistance vouchers. The lenders a s ans and investo used to projectbased rental vouchers. In the 80s there was lots of projects with projectbased rental assistance vouchers. And in San Francisco after the 20year cycle, the lenders and the investors are very familiar with this tool. They can underwrite with this and buy credits based on it, they couldnt do that with that section 9 financing. This is part of reason this is part of the solution. In terms why we are looking at rental assista...